rio: extract from 2026-03-05-futardio-launch-torch-market.md

- Source: inbox/archive/2026-03-05-futardio-launch-torch-market.md
- Domain: internet-finance
- Extracted by: headless extraction cron (worker 6)

Pentagon-Agent: Rio <HEADLESS>

entities/internet-finance/futardio.md

@@ -46,7 +46,7 @@ MetaDAO's token launch platform. Implements "unruggable ICOs" — permissionless
 
 - **2026-03-07** — Areal DAO launch: $50K target, raised $11,654 (23.3%), REFUNDING status by 2026-03-08 — first documented failed futarchy-governed fundraise on platform
 - **2026-03-04** — [[seekervault]] fundraise launched targeting $75,000, closed next day with only $1,186 (1.6% of target) in refunding status
-- **2026-03-05** — [[torch-market-futardio-fundraise]] launched targeting $75K for DeFi protocol with formal verification; closed refunding status 2026-03-06
+- **2026-03-05** — [[torch-market-futardio-fundraise]] failed: $75K raise for DeFi protocol refunded after 1 day despite technical completeness
 ## Competitive Position
 - **Unique mechanism**: Only launch platform with futarchy-governed accountability and treasury return guarantees
 - **vs pump.fun**: pump.fun is memecoin launch (zero accountability, pure speculation). Futardio is ownership coin launch (futarchy governance, treasury enforcement). Different categories despite both being "launch platforms."

entities/internet-finance/torch-market-futardio-fundraise.md

@@ -6,37 +6,37 @@ domain: internet-finance
 status: failed
 parent_entity: "[[torch-market]]"
 platform: "futardio"
+proposer: "mrsirg97-rgb"
 proposal_url: "https://www.futard.io/launch/5ocdHgwhMwVDzUbE7ctjdkBmP4fauPsVfb2mfUsSmhRD"
 proposal_date: 2026-03-05
 resolution_date: 2026-03-06
 category: "fundraise"
-summary: "Torch Market fundraise for $75K to fund 6-month runway including marketing team and mainnet token bond"
+summary: "$75K fundraise for Torch Market DeFi protocol marketing and 6-month runway"
-funding_target: "$75,000"
-token_symbol: "5pF"
-token_mint: "5pFkSJ795Th3eAkvvm8KTc2Y2tFYj8gFCiSrVMjpmeta"
 tracked_by: rio
 created: 2026-03-11
+key_metrics:
+  funding_target: "$75,000"
+  token_symbol: "5pF"
+  token_mint: "5pFkSJ795Th3eAkvvm8KTc2Y2tFYj8gFCiSrVMjpmeta"
+  platform_version: "v0.7"
 ---
 
 # Torch Market: Futardio Fundraise
 
 ## Summary
-Torch Market launched a futarchy-governed fundraise on Futardio targeting $75,000 for a 6-month runway. The funds were allocated primarily to marketing ($2K/month), marketing team ($6K/month for 2 people), founder compensation ($3K/month), infrastructure ($500-1500/month for Helius RPC), and a flat $5K for bonding a new token on mainnet (50 SOL requirement). The raise closed in REFUNDING status after one day.
+Torch Market attempted to raise $75K through Futardio for 6-month runway focused on marketing and team expansion. The protocol had already launched on mainnet with formal verification and audit completed, positioning the raise as growth capital rather than development funding. The proposal included detailed budget breakdown: $500-1500/month for infrastructure, $3K founder compensation, $2K marketing, $6K for 2-person marketing team, plus $5K flat for mainnet token bonding.
 
 ## Market Data
-- **Outcome:** Failed (Refunding)
+- **Outcome:** Failed (Refunding status)
-- **Platform:** Futardio v0.7
+- **Proposer:** mrsirg97-rgb
-- **Duration:** 2026-03-05 to 2026-03-06 (1 day)
+- **Duration:** 1 day (2026-03-05 to 2026-03-06)
-- **Target:** $75,000
+- **Funding Target:** $75,000
 - **Token:** 5pF
 
 ## Significance
-This represents an early-stage DeFi protocol attempting to use futarchy-governed fundraising for operational capital. The project emphasized formal verification (48/48 kani proof harnesses), open-source development, and non-extractive tokenomics. The rapid closure in refunding status suggests either insufficient market interest or concerns about the project's viability despite technical credentials.
+This represents a post-launch fundraise on Futardio where the protocol had already shipped product (mainnet deployment, formal verification, audit, SDK, agent integrations). The rapid failure (1-day duration) and refunding status suggests market skepticism despite technical completeness, potentially indicating that Futardio markets price team credibility and traction over technical readiness. The detailed budget transparency (founder salary, marketing spend breakdown) did not overcome market hesitation.
 
 ## Relationship to KB
 - [[torch-market]] — parent entity
 - [[futardio]] — fundraising platform
-- [[MetaDAO]] — futarchy infrastructure provider
+- [[MetaDAO]] — futarchy governance ecosystem
-
-Topics:
-- [[domains/internet-finance/_map]]

entities/internet-finance/torch-market.md

@@ -13,21 +13,18 @@ key_metrics:
   formal_verification: "48/48 kani proof harnesses"
   clawhub_downloads: "~4000"
   audit_status: "completed"
-  program_version: "3.7.10"
 ---
 
 # Torch Market
 
-Torch Market is a Solana-based DeFi protocol combining swap, lending, liquidation, and yield functionality in a single formally verified system. Built on SPL token2022, it implements a non-extractive launchpad model where economic actions flow back to the community and migration to DEX is permissionless and treasury-funded.
+Torch Market is a Solana-based DeFi protocol combining swap, lending, liquidation, and yield features in a single formally verified protocol. Built on SPL token2022, it functions as both a launchpad and DeFi primitive with non-extractive design where economic actions flow back to the community. The protocol is designed for both human and AI agent users, with permissionless migration to DEX fully funded by token treasuries.
 
 ## Timeline
-- **2026-03-05** — [[torch-market-futardio-fundraise]] launched on Futardio targeting $75,000 for 6-month runway (marketing team, infrastructure, mainnet token bond)
+- **2026-03-05** — [[torch-market-futardio-fundraise]]: $75K fundraise launched on Futardio, status refunding
-- **2026-03-06** — Fundraise closed with REFUNDING status
+- **2026** — Launched on devnet/mainnet at version 3.7.10 with formal verification and audit completed
+- **2026** — Released torchsdk on npm and clawhub agent skill achieving ~4K downloads
 
 ## Relationship to KB
 - [[futardio]] — fundraising platform
-- [[MetaDAO]] — futarchy governance infrastructure
+- [[MetaDAO]] — futarchy governance ecosystem
-- Built for human and agent users with formal verification and open-source SDK
+- Active in Solana DeFi ecosystem with focus on agent-accessible protocols
-
-Topics:
-- [[domains/internet-finance/_map]]

inbox/archive/2026-03-05-futardio-launch-torch-market.md

@@ -12,7 +12,7 @@ event_type: launch
 processed_by: rio
 processed_date: 2026-03-11
 extraction_model: "anthropic/claude-sonnet-4.5"
-extraction_notes: "Torch Market fundraise is a failed/refunding launch with trivial significance. Created entity pages because: (1) the project has real technical credentials (formal verification, audit, 4K downloads), (2) demonstrates futarchy-governed fundraising for operational capital in DeFi, and (3) the rapid failure provides data on market filtering. No novel claims extracted — the fundraise structure and outcome are factual events, not arguable propositions about mechanisms or markets."
+extraction_notes: "Source is a Futardio launch page for Torch Market fundraise. Primary extraction is entity data (new company + decision_market for the fundraise). No novel claims about futarchy mechanisms or market dynamics — this is a single failed raise with insufficient context for generalizable insights. The rapid failure (1 day) is notable but needs comparison data across multiple Futardio raises to claim a pattern. Extracted as entities only per significance threshold (real capital attempt, governance decision on platform)."
 ---
 
 ## Launch Details
@@ -75,8 +75,8 @@ total: 69k-70k + flat 5k = 70k-75k total
 
 
 ## Key Facts
-- Torch Market has 48/48 kani proof harnesses for formal verification
+- Torch Market raised $75K target on Futardio (2026-03-05)
-- Torch Market SDK has ~4000 downloads on Clawhub
+- Torch Market fundraise status: Refunding (closed 2026-03-06)
-- Torch Market program version 3.7.10 live on devnet/mainnet
+- Torch Market has 48/48 kani formal verification proof harnesses
-- Torch Market fundraise targeted $75K: $69-70K for 6-month runway + $5K for 50 SOL mainnet token bond
+- Torch Market clawhub skill has ~4K downloads
-- Monthly burn rate breakdown: $3K founder, $2K marketing, $6K marketing team (2 people), $500-1500 infrastructure
+- Torch Market version 3.7.10 live on devnet/mainnet